88
McPHERSON’S LIMITED
ANNUAL REPORT 2015
NOTE 38. PARENT ENTITY FINANCIAL INFORMATION
(A) SUMMARY FINANCIAL INFORMATION
The individual financial statements for the parent entity show the following aggregate amounts:
2015
$’000
2014
$’000
Balance Sheet
Current assets
3,474
1,712
Total assets
283,400
278,428
Current liabilities
12,637
16,884
Total liabilities
115,233
104,835
Shareholders’ equity
Issued capital
149,191
147,003
Reserves - cash flow hedges
317
(2,815)
- share-based payments
1,373
1,409
Retained earnings
17,286
27,996
168,167
173,593
(Loss) / profit for the period
(138)
2,795
Total comprehensive income
2,994
(1,695)
(B) CONTINGENT LIABILITIES AND GUARANTEES
The parent entity has guaranteed the repayment of borrowings of certain controlled entities.
The cross guarantee given by those entities listed in Note 35 may give rise to liabilities in the parent entity if the subsidiaries do not meet their
obligations under the terms of the overdrafts, loans, leases, or other liabilities subject to the guarantee.
NOTES TO AND FORMING PART OF THE
CONSOLIDATED FINANCIAL STATEMENTS CONTINUED